Businesses in the metals sector can access funding to support innovation in decarbonisation, digital technologies and circular economy.
A Programme of Research and Innovation for the UK Steels and Metals Sector (PRISM) is delivering funded research projects at the Materials Processing Institute.
Areas that could be of interest to metal fabricators in Devon could include training or process optimisation using augmented reality or expert capture; and testing and material development for innovative projects. Metals businesses using heat treatment that are interested in fuel switching to net zero energy sources can also get assistance from the PRISM programme.
The programme funds collaborative projects, with two or more industrial partners, at a rate of 50% and private projects at a rate of 25%. Projects are tailored to the industrial partner’s needs, rather than having to meet the specific requirements of an individual funding call or competition, increasing accessibility, increasing the chance of success, and reducing preparation costs. The whole sector’s supply chain can benefit from the funding, allowing larger challenges to be addressed and, through involving more partners, reducing the cost to individual companies.
Focus of fund/fund aims:
The programme is funded by Innovate UK and delivered by the Materials Processing Institute to improve the competitiveness of the UK metals sector by providing funded research and innovation services.
Application deadline:
Applications may be submitted at any time